Cadeler A/S: Financial statements 2020
CVR: 31180503
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Cadeler A/S (CVR 31180503) has filed annual accounts for 2020. In 2020, the company reported revenue of EUR 19,501,000 and a net result of EUR -27,032,000 compared with EUR -27,263,000 the year before. That is a decrease of 44.1% compared with the year before. The profit margin was -138.6%. Equity in the 2020 report amounted to EUR 241,063,000. The solvency ratio was 71.6%.
- Revenue
- EUR 19,501,000
- Profit/Loss
- EUR -27,032,000
- Equity
- EUR 241,063,000
- Total Assets
- EUR 336,811,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 19.5 mio. EUR | - | -27 mio. EUR | 241.1 mio. EUR | - |
| 2019 | 34.9 mio. EUR | - | -27.3 mio. EUR | -16.6 mio. EUR | - |
| 2018 | 537 mio. | 47.8 mio. | 6.9 mio. | 134.3 mio. | 27 |
| 2017 | 334.6 mio. | -34.5 mio. | -47.5 mio. | 127.4 mio. | 27 |
| 2016 | 528.1 mio. | 96.4 mio. | 52.9 mio. | 174.9 mio. | 23 |
Official annual report
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As of November 26, 2020, Andreas Beroutsos has joined the board of directors of Cadeler A/S.
As of November 13, 2020, Mark Konrad is registered as director of Cadeler A/S.
As of November 13, 2020, Martin Møller Olesen has stepped down as director of Cadeler A/S.
As of October 22, 2020, Ditlev Gustav Wedell-Wedellsborg has joined the board of directors of Cadeler A/S.
As of October 22, 2020, Connie Hedegaard Koksbang has joined the board of directors of Cadeler A/S.
As of October 22, 2020, Jesper Teddy Lok has joined the board of directors of Cadeler A/S.
As of October 22, 2020, Martin Møller Olesen has left the board of directors of Cadeler A/S.
As of October 22, 2020, Mikkel Gleerup has left the board of directors of Cadeler A/S.
As of October 22, 2020, Brian Townsley has left the board of directors of Cadeler A/S.
On October 22, 2020, the company changed its name from SWIRE BLUE OCEAN A/S to Cadeler A/S.
About Cadeler A/S
Cadeler A/S is a Danish company of the type Aktieselskab based in København V, founded in 2008. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named SWIRE BLUE OCEAN A/S and BLUE OCEAN SHIPS A/S. The management consists of Mikkel Gleerup and Peter Brogaard Hansen. The board consists of Andreas Sohmen-Pao (chair), Emanuele Lauro, Andrea Abt and Colette Brigid Cohen. The company is owned by BW Altor Pte. Ltd. and Scorpio Holdings Limited. The company has 745 employees (2026). In 2025, the company reported revenue of EUR 620,354,000 and a net result of EUR 280,184,000 compared with EUR 65,069,000 the year before. Equity in the 2025 report amounted to EUR 1,503,676,000.